REG - Seplat Energy PLC - Response to Allegations of Impropriety

Seplat EnergyAnnouncement

10/08/2022 16:45

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220810:nRSJ6141Va&default-theme=true

RNS Number : 6141V  Seplat Energy PLC  10 August 2022

 

 

 

 

Seplat Energy Plc ("Seplat Energy" or the "Company")

 

Response to Allegations of Impropriety

Lagos and London - 10 August 2022: Seplat Energy has become aware of news and
social media reports alleging impropriety in the process of securing
ministerial consent to the acquisition of Mobil Producing Nigeria Unlimited by
Seplat Energy Offshore Limited.

Such reports are wholly untrue and the Company will pursue legal action
against any parties involved in disseminating false information related to its
business.

This announcement is made pursuant to Rule 17.10 of the Rulebook of the
Nigerian Exchange, 2015 (Issuer's Rule).

Inside Information

Some of the information contained within this announcement is considered by
Seplat Energy to constitute inside information, as defined under the EU
Market Abuse Regulation, EU No.596/2014. By the publication of this
Announcement via a Regulatory Information Service, this inside information is
now considered to be in the public domain.

Responsibility for publication

This announcement has been authorised for publication on behalf of Seplat
Energy by Emeka Onwuka, Chief Financial Officer, Seplat Energy Plc.

Signed:

 

 

Emeka Onwuka

Chief Financial Officer

Enquiries:

 Emeka Onwuka, Chief Financial Officer                             +234 1 277 0400
 Edith Onwuchekwa, Director Legal/Company Secretary

 Chioma Nwachuku, Director External Affairs & Sustainability

 Carl Franklin, Head of Investor Relations
 Ayeesha Aliyu, Investor Relations

 Ben Brewerton / Christopher Laing                                 +44 203 727 1000

                                                                   seplatenergy@fticonsulting.com

 Tom Reid / Luke Spells                                            +44 207 986 4000

 Chris Sim / Charles Craven / Jarrett Silver                       +44 207 597 4000

Notes to editors

Seplat Energy Plc is Nigeria's leading indigenous energy company. It is listed
on the Nigerian Exchange Limited (NGX: SEPLAT) and the Main Market of the
London Stock Exchange (LSE: SEPL).

Seplat Energy is pursuing a Nigeria-focused growth strategy through
participation in asset divestments by international oil companies, farm-in
opportunities, and future licensing rounds. The Company is a leading supplier
of gas to the domestic power generation market. For further information please
refer to the Company website, http://seplatenergy.com/
(http://seplatenergy.com/)

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  RSPEBLFFLVLXBBF